147
147
Jul 12, 2013
07/13
by
MSNBCW
tv
eye 147
favorite 0
quote 0
we do not have a deficit right now. we have the opposite of a deficit right now. as of june the u.s. government was taking in $117 billion more that month than it was putting out. we are not in the red, we are in the black. this is the largest june budget surplus ever recorded in the history of the united states of america. but still, a thousand florida national guardsmen are not filling sandbags one day a week every week indefinitely even through storm season because congress panicked about that budget deficit that we do not have. and the deputy manager of the program to land this drone on the "u.s.s. george h.w. bush" says he is furloughing in place on the aircraft carrier while the drone is finally completing its historic landing. this is basically how it goes in the nonsense hold that we call the american congress right now. in that nonsense hole, house republicans find themselves digging deeper and deeper and deeper with no real plans on how to get out. i, though, have an idea for how to help them. do you remember the big deal in washington right now is that
we do not have a deficit right now. we have the opposite of a deficit right now. as of june the u.s. government was taking in $117 billion more that month than it was putting out. we are not in the red, we are in the black. this is the largest june budget surplus ever recorded in the history of the united states of america. but still, a thousand florida national guardsmen are not filling sandbags one day a week every week indefinitely even through storm season because congress panicked about...
128
128
Jul 6, 2013
07/13
by
KQED
tv
eye 128
favorite 0
quote 0
and that's made the deficit problem look more benign. which takes the pressure off. but i think you're right. it's just an incredible admission by the white house that they can't implement the affordable care act as they had hoped. by this little blog post by someone at the treasury, oh, by the way, the thing we've been talking about, this -- employers have more than 50 people will have to provide health insurance, we're putting that off for a year. leaving open the question, are other things going to be put off, too? gwen: here's something else which may be put off that's happening in congress. sue, where you spend your days and many nights. >> god bless you. gwen: so we don't have to. let's talk about immigration. this is one of the big issues which made its way through the senate and waiting for what the house does but not at all resolved. >> no. there's this triumphant moment when the senate passed this bill because it was this historic moment and joe biden presided over and the -- and as soon as passed it reality check that it doesn't really mean much in the lon
and that's made the deficit problem look more benign. which takes the pressure off. but i think you're right. it's just an incredible admission by the white house that they can't implement the affordable care act as they had hoped. by this little blog post by someone at the treasury, oh, by the way, the thing we've been talking about, this -- employers have more than 50 people will have to provide health insurance, we're putting that off for a year. leaving open the question, are other things...
68
68
Jul 9, 2013
07/13
by
KQEH
tv
eye 68
favorite 0
quote 0
the federal budget deficit for the current fiscal year is shrinking. before you start celebrating, the white house also said there's still a shortfall of $759 billion. credit goes to the improving economy and those across the board, federal spending cuts in the sequester legislation. >>> uncle sam may have been spending less money, but the rest of us did a lot more borrowing during the month of may. the americans increased their debt that month. the fastest pace in a year with total borrows reaching a record $2.84 trillion. credit card use or its biggest gain in a year while borrowing for new cars and student loans also saw big increases. >>> no more special treatment for high priced clients. that's the word from reuters today. the financial information giant has agreed to end the practice of providing high speed traders early access to its important consumer sentiment data. the company allowed those traders to get the information two seconds before it was distributed to other subscribers for an additional fee. regulators said those two seconds can giv
the federal budget deficit for the current fiscal year is shrinking. before you start celebrating, the white house also said there's still a shortfall of $759 billion. credit goes to the improving economy and those across the board, federal spending cuts in the sequester legislation. >>> uncle sam may have been spending less money, but the rest of us did a lot more borrowing during the month of may. the americans increased their debt that month. the fastest pace in a year with total...
56
56
Jul 10, 2013
07/13
by
CSPAN2
tv
eye 56
favorite 0
quote 0
we did it in 2005 under the ccra anchts the deficit reduction reduction act. senator harkin's appropriations committee has made changes to the eligibility rules to the pell grants each of the past several years outside of the higher education authorization, including the elimination of summer eligibility, ability to benefit, and lower of the automatic enrollment for low-income students. i mean, it -- it's just not fair to come and say, to me, that i'm doing an outside higher reauthorization. there is a track record continually of the person that accused us of doing it of doing it himself, of let me say that he is accurate. i'd be happy to yield. mr. manchin: if i could, i want to thank the good senator for working in such a bipartisan manner. this bill haif this bill has bed as belonging to one party or the other, it is wrong. we sat down together, senator cobun, senator a aalexander, senator burr, and we had senator carperrer and looked at how we could fiction something. this deadline hit, we knew one year ago when we extended it, they said it was a political
we did it in 2005 under the ccra anchts the deficit reduction reduction act. senator harkin's appropriations committee has made changes to the eligibility rules to the pell grants each of the past several years outside of the higher education authorization, including the elimination of summer eligibility, ability to benefit, and lower of the automatic enrollment for low-income students. i mean, it -- it's just not fair to come and say, to me, that i'm doing an outside higher reauthorization....
53
53
Jul 11, 2013
07/13
by
CSPAN2
tv
eye 53
favorite 0
quote 0
commentary before the crisis with the idea that capital inflows we were seeing related to the trade deficit but also international demand for dollar reserve was the destabilizing factor in making conditions easier than they otherwise would have been but to look at the european relationship but again it was a demand for safe assets which at the time the insufficiency of safe assets. . . this is our total purchases, which are pretty small share. woodenly by this, we will pay for this with bank reserves. i do not think their asset purchases are significantly affecting us. especially when it comes to liquidity policy. >> women ask about the creative policies over the last few years. we are taking actions that are at the edge of traditional independent challenges it comes on the macro credentials side. >> well, that's kind of a political question that i'm not sure i can do justice. and there are good reasons to have monetary policymaking. we all understand those reasons having to do with avoiding short run political intervention in monetary policy. but in many of the other activities, for exampl
commentary before the crisis with the idea that capital inflows we were seeing related to the trade deficit but also international demand for dollar reserve was the destabilizing factor in making conditions easier than they otherwise would have been but to look at the european relationship but again it was a demand for safe assets which at the time the insufficiency of safe assets. . . this is our total purchases, which are pretty small share. woodenly by this, we will pay for this with bank...
104
104
Jul 12, 2013
07/13
by
KPIX
tv
eye 104
favorite 0
quote 0
. >>> boston drove in the go-ahead run as the red sox rallied from a four-run deficit to beat the mariners, 8-7. the a.l. east leading sox are now 25 games over .500. in the national lead the braves led the cincinnati reds. the all-star freddie freeman went three for four. >>> and the chicago cubs shut out the st. louis cardinals, 3-1. edward jackson and four relievers combined for the four-hit shutout. the cubs have won ten of their last 15 games. >> when we return, another look at this morning's top stories and a tiny hero. we will see how a quick-thinking 5-year-old tried to save her mother's life. quick-thinking 5-year-old tried to save her mother's life. bacon?! gotta get that bacon! bacon?! bacooon! smokey bacon, meaty bacon, tasty bacon! bacon? ohh la laa. i say, is that bacon? oh! good heavens! bacon! bacon! who wants a beggin' strip?? me! i'd get it myself but i don't have thumbs!! mmm mmm mmm mmm mmmm it's beggin! mmm i love you... (announcer) beggin' strips...made with real bacon. there's no time like beggin' time! left. the new deadline to get s- f-o back on schedule following
. >>> boston drove in the go-ahead run as the red sox rallied from a four-run deficit to beat the mariners, 8-7. the a.l. east leading sox are now 25 games over .500. in the national lead the braves led the cincinnati reds. the all-star freddie freeman went three for four. >>> and the chicago cubs shut out the st. louis cardinals, 3-1. edward jackson and four relievers combined for the four-hit shutout. the cubs have won ten of their last 15 games. >> when we return,...
89
89
Jul 9, 2013
07/13
by
CSPAN
tv
eye 89
favorite 0
quote 0
here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary cut in half. it's pretty obvious what's been happening. the major category of trade deficits is energy imports. energy. because we are not self-sufficient in energy production in this country. part of the answer lies in new energy systems. systems that even nasa has helped us to begin to invent. yes, in the solar fields. yes, in new hydrogen technologies like cryogenic hydrogen. yes, in natural gas. thank goodness the department invested in fossil fuel technologies. that's where the fracking technologies came from. it came from thinking about the
here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary...
85
85
Jul 9, 2013
07/13
by
CURRENT
tv
eye 85
favorite 0
quote 0
over 20 years we would reduce the deficit by nearly 1 trillion-dollar. so these are all compelling economic reasons for reform as well as securing the country as well as ultimately providing a pathway to earn citizenship so people can fully participate in society, pay their taxes and earn their way towards the american citizenship which is our history as a country. >> michael: in short it just seems that the republicans--that's everything--everything you just said is everything that they have allegedly wanted, yet they're still not happy with this bill. if they don't find compromise, i can't help but think like many americans, that they're shooting themselves in the foot, and ruining their own political career. i'm almost afraid to share this information with them because they might figure it out. >> well, you know, if i were speaking strictly politically i would agree with you but i really do want to see for the nation comprehensive reform passed. but you're right in your calculous. to win the white house again to win the presidency, increasingly congre
over 20 years we would reduce the deficit by nearly 1 trillion-dollar. so these are all compelling economic reasons for reform as well as securing the country as well as ultimately providing a pathway to earn citizenship so people can fully participate in society, pay their taxes and earn their way towards the american citizenship which is our history as a country. >> michael: in short it just seems that the republicans--that's everything--everything you just said is everything that they...
135
135
Jul 10, 2013
07/13
by
FOXNEWSW
tv
eye 135
favorite 0
quote 0
expressed the need to pass immigration reform now to help the economy grow, create jobs, or reduce the deficit. here is a key house democrat's assessment. it was wonderful to be part of a productive meeting with the president. we had incredibly candid and productive conversation on accomplishing comprehensive immigration reform. like us, the president believes that there are compelling moral and economic reasons to support comprehensive reform. house republicans are exarlg to the president's healthcare law and suggesting a single massive piece of legislation is not the way to go, shep? >> shepard: mike, former president george w. bush weighed in on all of this today to congress to find a resolution on immigration reform. he spoke during a naturalization ceremony at presidential ceremony in dallas i meant bush 43, excuse me. while he didn't get specific about policy he noted immigrants do make contributions in this country. he said we have to enforce current immigration laws and that america can be a lawful society and welcoming society at the same time. $34 million for a building they didn't n
expressed the need to pass immigration reform now to help the economy grow, create jobs, or reduce the deficit. here is a key house democrat's assessment. it was wonderful to be part of a productive meeting with the president. we had incredibly candid and productive conversation on accomplishing comprehensive immigration reform. like us, the president believes that there are compelling moral and economic reasons to support comprehensive reform. house republicans are exarlg to the president's...
155
155
Jul 10, 2013
07/13
by
CURRENT
tv
eye 155
favorite 0
quote 0
in specifics, it reads that reform will grow the economy by 3.3% and bring down the deficit by close to $8850 billion over the next -- by close to $850 billion over the next 20 years. we're back after the break. actually mean it. >> you're putting out there something that you're proud of. journalists want the the story and they want the right story and the want the true story. >> you can say anything here. >> i spent a couple of hours with a hooker. >> your mistake was writing a check. >> she never cashed it! >> the war room. >> compared to other countries with tighter gun safety laws our death toll is just staggering. >> the young turks. >> the top bankers who funneled all the money to the drug lords, no sentence. there's just no justice in that. >> viewpoint. >> carl rove said today that mitt romney is a lock to win next pope. he's garunteeing it. >> joy behar: say anything. >> is the bottom line then that no white person should ever, ever, ever use the "n" word? >> yes! >> only on current tv. >> stephanie: it is "the stephanie miller show." welcome to it. six minutes after the hou
in specifics, it reads that reform will grow the economy by 3.3% and bring down the deficit by close to $8850 billion over the next -- by close to $850 billion over the next 20 years. we're back after the break. actually mean it. >> you're putting out there something that you're proud of. journalists want the the story and they want the right story and the want the true story. >> you can say anything here. >> i spent a couple of hours with a hooker. >> your mistake was...
87
87
Jul 11, 2013
07/13
by
CSPAN2
tv
eye 87
favorite 0
quote 0
it helps our deficit problem as well. the only other point i want to make is this. some are comparing this bill to the president's health care bill. nothing could be further from the truth. i supported this president's health care bill, and i still do, but that was basically a democratic effort. it had no republicans have been. mccain and schumer would not be standing here together in favor of the aca. and this bill has very broad support. it's bipartisan. it has the support on the health care bill business and labor were split. business and labor united here. we have evangelicals. we have the agriculture community, both growers and workers. and so to say that this is just like the president health care bill, nothing could be further from the trees. this is just what america wants us to do. work together in a bipartisan way to move forward. so those extreme opponents come they keep coming up with new reasons to oppose the bill. one of their latest is all, our bill is 1000 pages and complicated. well, from what i understand, the bill so they're putting together and t
it helps our deficit problem as well. the only other point i want to make is this. some are comparing this bill to the president's health care bill. nothing could be further from the truth. i supported this president's health care bill, and i still do, but that was basically a democratic effort. it had no republicans have been. mccain and schumer would not be standing here together in favor of the aca. and this bill has very broad support. it's bipartisan. it has the support on the health care...
118
118
Jul 13, 2013
07/13
by
CSPAN2
tv
eye 118
favorite 0
quote 0
the economy is improving, not as sharply as we all would hope that is significantly improving and the deficit has gone down by $200 billion just in the last three or four months and is now below trillion dollars. it is quite likely that the ball of the ryan plan would have been enacted into law in the early days of the romney administration because the same way that obama was passed with 51 votes under an obscure senate rule that allows it for budget and tax related legislation, this plan would have very likely pass and actually somebody in the white house said he thought it would even get some democratic votes if romney won. this plan didn't cut budgets by 5% or 10% like the sequestration. we are talking 30, 40, 50, 60% cuts, elimination of programs, planned parenthood, amtrak, being only the best known of them, privatizing medicare as they proposed during the campaign. if this bill had passed stay in the spring and the economy is going up, what would people be saying now all? reasonable people, would say we got rid of the jimmy carter/barack obama flu, got business friendly president, pass
the economy is improving, not as sharply as we all would hope that is significantly improving and the deficit has gone down by $200 billion just in the last three or four months and is now below trillion dollars. it is quite likely that the ball of the ryan plan would have been enacted into law in the early days of the romney administration because the same way that obama was passed with 51 votes under an obscure senate rule that allows it for budget and tax related legislation, this plan would...
68
68
Jul 10, 2013
07/13
by
KNTV
tv
eye 68
favorite 0
quote 0
the congressional budget office says that bill would cut the federal budget deficit by $850 billion over the next 20 years as well. >>> you mentioned john boehner and house republicans holding a special meeting on capitol hill this morning. we're taking you live to texas this morning at the george w. bush institute. the podium where the actual former president will address the people there that are meeting on the naturalization and immigration services. he's going to talk about immigration and immigration reform this morning. just giving you a live picture in dallas to keep tabs on it for you. if he says anything significant, we'll bring it to you. >>> firefighters still working to get the upper hand on a wild fire threat. ing homes east of san diego. the chariot fires burned 11 square miles in the cleveland national foreof the. it's 40% contained and threatening 120 homes near julian. firefighters say calm winds helped them make good progress yesterday. cause of the fire is still under investigation. >>> 5:46. warm temperatures all over california for the last couple of weeks. as you po
the congressional budget office says that bill would cut the federal budget deficit by $850 billion over the next 20 years as well. >>> you mentioned john boehner and house republicans holding a special meeting on capitol hill this morning. we're taking you live to texas this morning at the george w. bush institute. the podium where the actual former president will address the people there that are meeting on the naturalization and immigration services. he's going to talk about...
SFGTV2: San Francisco Government Television
36
36
Jul 14, 2013
07/13
by
SFGTV2
tv
eye 36
favorite 0
quote 0
the following year of 14-15, is about $256 million deficit. so, we plan for two years, but we'll meet every year just to talk through it. and then we're doing really well on our employment. we have about a 6.3 unemployment rate. so, it's gone down another big percentage point. i want to keep driving that down. my goal is to get to the 5 or even below. that means a lot more people have jobs and create their own destinies. and i need to have that happen because government can't do everything. we'll do the gaps. we'll help, of course, with our seniors, our low-income families, our children need us to provide the programs. but we have to invest really smartly these days. and i think if there's any theme that all of us are working hard on is how to properly invest as our city totally recovers. and many of you will talk to us about the proper thing that we want to invest in that have long-term economic and social benefits for all of us. but i want to thank the supervisors for being here, but most importantly, thank all of you for coming out on this
the following year of 14-15, is about $256 million deficit. so, we plan for two years, but we'll meet every year just to talk through it. and then we're doing really well on our employment. we have about a 6.3 unemployment rate. so, it's gone down another big percentage point. i want to keep driving that down. my goal is to get to the 5 or even below. that means a lot more people have jobs and create their own destinies. and i need to have that happen because government can't do everything....
93
93
Jul 10, 2013
07/13
by
CSPAN2
tv
eye 93
favorite 0
quote 0
another one was that deficit spending is not bad public policy. a third one, punishment is not a deterrent to crime. and the fourth one -- and this is a big one -- is that government can run our lives better than people can. and that's exactly what we're talking about here. the reason they have been wanting to do this with regulating carbon, i think, is better articulated by a guy that i don't think anyone will argue could be the most knowledgeable scientist in america. his name is richard lindsen with m.i.t.. his quote was that regulating carbon is a bureaucrat's dream. if you regulate carbon, you regulate life. you control life. that's what bureaucrats want to do. that's what the environmentalists want to do in controlling our lives. they want to determine what cars we drive, what kind of houses we live in, how our cities are built, and all of that. and they can do all of this by regulating carbon dioxide. and democrats particularly in the senate have been unsuccessful in passing legislation to accomplish this. this is the key. it was way back d
another one was that deficit spending is not bad public policy. a third one, punishment is not a deterrent to crime. and the fourth one -- and this is a big one -- is that government can run our lives better than people can. and that's exactly what we're talking about here. the reason they have been wanting to do this with regulating carbon, i think, is better articulated by a guy that i don't think anyone will argue could be the most knowledgeable scientist in america. his name is richard...
92
92
Jul 12, 2013
07/13
by
CSPAN
tv
eye 92
favorite 0
quote 0
for reducing our deficit. -- the cbo says it will reduce it by billions of dollars. it is the right thing to do. it is supported by large groups of people from liberals interested in human rights to business people at the chamber of commerce interested in our economic engine. the senate bill has some things that i do not like. in essence, there are earmarks. designations that we buy many helicopters from specific companies to patrol borders. money, it seems wrong to designate particular helicopters to be purchased. that should not have been done. there is close to $50 billion. there is a lot of expense to the bill in terms of security that was put in that was too much. it gave up after citizenship, it visas for high skilled workers, having more border security even though it was way over the top. the house has passed for separate bills through the judiciary. they make the people in this country presently criminals immediately. they give jurisdiction to local law enforcement to police those efforts. it would also have a different not be uniform in the way we apply our
for reducing our deficit. -- the cbo says it will reduce it by billions of dollars. it is the right thing to do. it is supported by large groups of people from liberals interested in human rights to business people at the chamber of commerce interested in our economic engine. the senate bill has some things that i do not like. in essence, there are earmarks. designations that we buy many helicopters from specific companies to patrol borders. money, it seems wrong to designate particular...
116
116
Jul 8, 2013
07/13
by
CSPAN2
tv
eye 116
favorite 0
quote 0
and would boost our economy and make our country safer, reducing the deficit by about a trillion dollars over the next two decades. i remind the speaker there is no shame in passing bills both parties can support. americans want their elected officials to work together to fix the nation's problems. that's what we did in the senate. i promise the formula will work in the house of representatives as well. the speaker should try that. sticking to the hastert rule is preventing the house from passing legislation to reform the ailing postal service. he refused to even take it up last congress. didn't even take it up. sticking to the hastert rule prevented the house from passing a measure that would give brick-and-mortar stores parity. we passed it on a bipartisan vote here, mr. president. i mean it's heartbreaking all over america, i see it in nevada to go by these strip malls and you see these places that if they had the advantage of not having to pay sales tax -- that's what happens on line -- they would be in business. they would go back into business if the online -- the sales tax would h
and would boost our economy and make our country safer, reducing the deficit by about a trillion dollars over the next two decades. i remind the speaker there is no shame in passing bills both parties can support. americans want their elected officials to work together to fix the nation's problems. that's what we did in the senate. i promise the formula will work in the house of representatives as well. the speaker should try that. sticking to the hastert rule is preventing the house from...
127
127
Jul 11, 2013
07/13
by
KQED
tv
eye 127
favorite 0
quote 0
and would reduce the deficit by almost $850 billion over 20 years. president obama also called in members of the hispanic caucus. democratic congressman joaquin castro of texas voiced hope for a compromise. >> like us he realizes that effort must be both a republican and a democratic effort. it requires the work and cooperation of both parties and this president is committed to working with not only house democrats, but also house republicans on getting it done. speaker boehner and other party leaders issued a statement refirming they will not take up the senate bill which leaves the focus squarely on the next three weeks. house republicans have said they mean to bring immigration to a vote between now and the month-long recess that begins in early august. for more on the options being considered in the house, we are joined by illinois democrat luis gutierrez, also a member of the judiciary committee, and chair of the congressional hispanic caucus immigration task force. congressman, welcome back to the program. >> thank you, ray. good to be with you
and would reduce the deficit by almost $850 billion over 20 years. president obama also called in members of the hispanic caucus. democratic congressman joaquin castro of texas voiced hope for a compromise. >> like us he realizes that effort must be both a republican and a democratic effort. it requires the work and cooperation of both parties and this president is committed to working with not only house democrats, but also house republicans on getting it done. speaker boehner and other...
131
131
Jul 9, 2013
07/13
by
CNBC
tv
eye 131
favorite 0
quote 0
why is the trade deficit still soaring? why? >> by the way, i have to get out. i can't get in. >> there's a manufacturing renaissance. >> why are we losing jobs? >> it's called energy. >> we are producing more with fewer workers. it's amazing. >> by the way, not only are we importing less and less energy, we are going to be exporting more and more energy and it will bring the trade deficit to almost nothing which will give me a strong dollar, king dollar is going to look great. the inflation rate which is now 1% will go to 0% and you'll worry about deflation. >> then we're going to start 3-d printing gold. it will plummet even faster. >> gold is about 1,000 bucks an ounce. thank you, gentlemen. we appreciate it. >>> all hail the state of south dakota. cnbc has just named it as the number one state for business in america. and the man who puts that list together, cnbc's scott cone joins us live from the foot of mount rushmore. he'll explain. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it'
why is the trade deficit still soaring? why? >> by the way, i have to get out. i can't get in. >> there's a manufacturing renaissance. >> why are we losing jobs? >> it's called energy. >> we are producing more with fewer workers. it's amazing. >> by the way, not only are we importing less and less energy, we are going to be exporting more and more energy and it will bring the trade deficit to almost nothing which will give me a strong dollar, king dollar is...
53
53
Jul 9, 2013
07/13
by
CSPAN2
tv
eye 53
favorite 0
quote 0
the reason for that is we should not ask students to deficit -- subsidize the deficit as no other generation incurred that debt and we encourage you to go to school we want to make it as affordable as possible and reducing the deficit should not be your responsibility but our generation to do so. that is one of the debates by the way if this president democrats republicans for $5 billion of deficit reduction. >> even if somebody's goal was to reduce the deficit it would only put a bandage on the larger problem. i am a graduate student but my friends are in the working world and i have friends who pay more in loans than their rent or cannot read to or buy a house and so they live with their parents they cannot buy a new cars you just created generation of adults that cannot put any money to anything but the student loans you hurt the economy. the free up money that young adults today that put toward the student debt but now people are able to put money on a house or a new car or supporting local business or any business. >> that is an excellent point* to the extent we put our most capable peo
the reason for that is we should not ask students to deficit -- subsidize the deficit as no other generation incurred that debt and we encourage you to go to school we want to make it as affordable as possible and reducing the deficit should not be your responsibility but our generation to do so. that is one of the debates by the way if this president democrats republicans for $5 billion of deficit reduction. >> even if somebody's goal was to reduce the deficit it would only put a bandage...
104
104
Jul 9, 2013
07/13
by
CSPAN2
tv
eye 104
favorite 0
quote 0
any deal on interest rates should not reduce the deficit on the backs of students. we should not trade national debt for student debt. and number two, we need to keep in place an interest rate cap, an interest rate cap as a key consumer protection to shield students from exorbitant rates in the future. now, i have the highest respect for our president. i served with him here. he was on our committee. i only wish that perhaps they had talked to us a little bit before they came out with their proposal. president obama came out with a proposal on student loans. the first president since 1958, first president, not democratic president, first president, democrat or republican, to propose going from a 91 t-bill date to a ten-year treasury note. no other president suggested that. secondly, no president since 1958, no president, has advocated removing the cap. president obama in his proposal proposed removing the cap. well, i believe it's safe to say that our caucus said no, we're not going to do that. we're not going to lift this key consumer protection of having an intere
any deal on interest rates should not reduce the deficit on the backs of students. we should not trade national debt for student debt. and number two, we need to keep in place an interest rate cap, an interest rate cap as a key consumer protection to shield students from exorbitant rates in the future. now, i have the highest respect for our president. i served with him here. he was on our committee. i only wish that perhaps they had talked to us a little bit before they came out with their...
134
134
Jul 12, 2013
07/13
by
CNBC
tv
eye 134
favorite 0
quote 0
i think it's good that the deficit is declining. we have a five-year low in the deficit. and spending is actually declining, too, contrary to the complication in the introduction. 47% reduction in spending last month over last year. last year at this time, a $60 billion deficit. we're definitely in the right direction. i challenge jim or anybody to tell me where is all this mammoth spending they're talking about the government is doing? we've been in a period of austerity. >> haven't said a word and being challenged. >> right. putting words in my mouth and attacking the words i never altered. fantastic. that's fantastic. >> we agree, then. right? >> listen, here's what i think. i think the deficit is going down. i think it's going down dramatically. is possible that until 2016 we might even have a surplus. an annual budget surplus. all that is possible. it's fantastic. the problem is that after about 2017, 2018, the deficit's going back up. a huge entitlement problem and every year that we won't, don't deal with the problem makes the fixes more elaborate and expensive. we
i think it's good that the deficit is declining. we have a five-year low in the deficit. and spending is actually declining, too, contrary to the complication in the introduction. 47% reduction in spending last month over last year. last year at this time, a $60 billion deficit. we're definitely in the right direction. i challenge jim or anybody to tell me where is all this mammoth spending they're talking about the government is doing? we've been in a period of austerity. >> haven't said...
51
51
tv
eye 51
favorite 0
quote 0
the white house site to the improving economy for t adjustment of the deficit projections saying this year the deficit will be $759 billion of first time it has been below $1 trillion under president obama. crude-oil today down $0.8 in gold gaining $22 selling at $1,235 an ounce and treasury yields dropping with the ted year closing at 10 .6% new details about the deadly crash of flight 214 from san francisco. the focus is now on the pilot who had little experience pleading for the first time as there francisco international business oriented to the runway they crashed. first call only two fatalities among the 307 passengers and crew. it ends the impeccable run of 18 years without a fatality and more than 90 million flight hours made it one of the safest aircraft in aviation history and investigators are trying to determine what caused a small engine aircraft to crash at the alaska air corps yesterday killing all 10 aboard. the pilot of the air taxi was described as highly experienced. some news you may have missed a the weekend a tragedy in canada could be the key to breaking the pol
the white house site to the improving economy for t adjustment of the deficit projections saying this year the deficit will be $759 billion of first time it has been below $1 trillion under president obama. crude-oil today down $0.8 in gold gaining $22 selling at $1,235 an ounce and treasury yields dropping with the ted year closing at 10 .6% new details about the deadly crash of flight 214 from san francisco. the focus is now on the pilot who had little experience pleading for the first time...
78
78
Jul 9, 2013
07/13
by
CSPAN2
tv
eye 78
favorite 0
quote 0
you know, students have already contributed billions to deficit reduction. but the problem is senate republican leader has insisted all other proposals that we balance the budget on the backs of struggling students and their families, and so far they have refused to put the interest of students and tomorrow's middle class ahead of tax code spending that benefits the wealthy. what they've introduced is a bill that includes no cap on how high student loan rates could go, something c.b.o. tells us will mean students could be locked in at rates over 8% in just a few short years. and in fact, it would be better to absolutely do nothing now than to take up and pass the republican bill. you know, i bet everybody listening knows a family member or a coworker who is up to their neck in student debt. it is a weight that keeps them from helping to grow our economy or start a family or take risks with their careers. and it's a weight that is not easily shed. we can't continue to do this, to generation after generation of college students and expect to be able to compete
you know, students have already contributed billions to deficit reduction. but the problem is senate republican leader has insisted all other proposals that we balance the budget on the backs of struggling students and their families, and so far they have refused to put the interest of students and tomorrow's middle class ahead of tax code spending that benefits the wealthy. what they've introduced is a bill that includes no cap on how high student loan rates could go, something c.b.o. tells us...
93
93
Jul 11, 2013
07/13
by
CSPAN
tv
eye 93
favorite 0
quote 0
did not do what it claims to do, reduce costs, and creates an additional dragon contributes to the deficit. we also just went through the process of sequestration, something that the president and his administration passed, both the senate and the house to compromise, in the sense if they could not reach acceptable cuts, it will go into effect. it went into effect and as a result the government trimmed its budget by $85 billion. the bill as it stands now that the senate has proposed, i believe the 20,000 border guards, which would not come into effect until i think 2021 would cost at least 40 billion dollars. and i think for republicans, they have to see the trees through the forest. they should not be intimidated by the democratic party, the minority party in the house, and they should not be intimidated by the mainstream media that continues to carry their water. this country desperately needs leadership. what it should say is, we will support immigration but we reject the hundred million dollars from las vegas. there are many things objectionable that i think to both democrats and repub
did not do what it claims to do, reduce costs, and creates an additional dragon contributes to the deficit. we also just went through the process of sequestration, something that the president and his administration passed, both the senate and the house to compromise, in the sense if they could not reach acceptable cuts, it will go into effect. it went into effect and as a result the government trimmed its budget by $85 billion. the bill as it stands now that the senate has proposed, i believe...
92
92
Jul 9, 2013
07/13
by
CSPAN
tv
eye 92
favorite 0
quote 0
the student loan program itself is paying down the national deficit because of the profit the federal government makes. it's time to stop that and make student loans affordable for students and for their families. this congress simply has not done right by students. forcing these students to continue to graduate with an increasing mountain of debt while at the same time they lament the students are graduating with increased debt. that's what the republicans offered, that's why as my colleague from colorado said it was dead on arrival when it went to the senate. it was dead on a bipartisan basis when it went to the senate. the time has come now to defeat the previous question so that we can bring the one-year fix to make sure that students are protected from the doubling of the interest rates that is now occurring because of the inaction by the republicans in the house of representatives. i yield back the balance of my time. the speaker pro tempore: the gentleman from california yields back the balance of his time. the gentleman from colorado reserves. the gentleman from texas is recog
the student loan program itself is paying down the national deficit because of the profit the federal government makes. it's time to stop that and make student loans affordable for students and for their families. this congress simply has not done right by students. forcing these students to continue to graduate with an increasing mountain of debt while at the same time they lament the students are graduating with increased debt. that's what the republicans offered, that's why as my colleague...
302
302
Jul 14, 2013
07/13
by
KNTV
tv
eye 302
favorite 0
quote 2
and if you want to cut the deficit, there are other ways to do it and the cbo says there's no deficit reduction the first ten years and unemployment will be elevated until 2020. look it up, governor. >> -- respected conservative, but -- >> thank you very much. i feel something bad is coming after that, though. >> the tea party, there is a political side to this. here's the utmost politician. the republican party is going to become a minority party. maybe all those tea party republicans in the house will keep their seats. but you're going to continue to lose presidential elections. you're going to lose the hispanic voter even more than you did in the last election. and it's political suicide what you're doing. >> what happened after 1986 that reagan signed? did the republican share of the latino vote go up? >> it did. >> it didn't. h.w. went down. h.w. went down. >> george went up. >> -- amnesty -- >> issues change, and this is a gateway voter. this is a gateway issue for latino voters. >> let me get a break in here. we'll come back and talk a little more about the political reaction t
and if you want to cut the deficit, there are other ways to do it and the cbo says there's no deficit reduction the first ten years and unemployment will be elevated until 2020. look it up, governor. >> -- respected conservative, but -- >> thank you very much. i feel something bad is coming after that, though. >> the tea party, there is a political side to this. here's the utmost politician. the republican party is going to become a minority party. maybe all those tea party...
104
104
Jul 12, 2013
07/13
by
KRON
tv
eye 104
favorite 0
quote 0
they were done then to reduce layoffs in the face of a record budget deficit. union officials say the ruling means more officers will leave the department for higher pay elsewhere. the city has proposed either a two- percent pay raise for all officers or a two - and-a- half percent raise for those officers already at the top of the scale. pablo sandoval hit his first home run since may 21, and all-star madison bumgarnerallow just four hits in seven innings as the giants beat the padres 4-2. seven innings as the giants b[ male announcer ] to all you burger aficionados... show your love. 'cause mcdonald's just topped perfection with the all-new quarter pounder burgers. three delectable choices. new quarter pounder burgers. another new way to love mcdonald's. ♪ the lefty struck out six and walked one. the win moves the team into crystal geyser is always bottled at the mountain source. crystal geyser. crystal geyser. crystal geyser. then we deliver it directly to you. >>erica: thanks for liking up to the kron4 morning news. at 455 we are focusing on the forecast.
they were done then to reduce layoffs in the face of a record budget deficit. union officials say the ruling means more officers will leave the department for higher pay elsewhere. the city has proposed either a two- percent pay raise for all officers or a two - and-a- half percent raise for those officers already at the top of the scale. pablo sandoval hit his first home run since may 21, and all-star madison bumgarnerallow just four hits in seven innings as the giants beat the padres 4-2....
95
95
Jul 14, 2013
07/13
by
MSNBC
tv
eye 95
favorite 0
quote 0
if you want to cut the deficit, there are other ways to do it. the cbo said there's no deficit reduction the first ten years. look it up, governor. >>. >> thank you very much. >> the tea party, there's a political side to this. and here's the most politicians. the republican party is going to become a minority party. maybe all of those two-party republicans in the house will keep their seats. but you're going to continue to lose presidential elections. you're going to lose the hispanic voter even more than you did in the last election. and it's political suicide what you're doing. >> what happened after the -- did the republicans share the latino vote go up with president reagan? >> yes, it did. >> george h.w. it went down. >> issues change. this is a gateway. senator mccain said, this is a gateway issue for latino votes. >>> we'll come back and talk a little bit more about the political reaction to the zimmerman verdict. ings. and right now we've got everything you need for a great summer. this 5-piece dining set on clearance, save over $49! mar
if you want to cut the deficit, there are other ways to do it. the cbo said there's no deficit reduction the first ten years. look it up, governor. >>. >> thank you very much. >> the tea party, there's a political side to this. and here's the most politicians. the republican party is going to become a minority party. maybe all of those two-party republicans in the house will keep their seats. but you're going to continue to lose presidential elections. you're going to lose the...
238
238
Jul 9, 2013
07/13
by
CURRENT
tv
eye 238
favorite 0
quote 1
you raise more tax money reduce the deficit it creates jobs, right? >> then they were talking about how obamacare was doomed to failure because it was an organized mess but without pointing out the reason why it was because idiots that they have to cut deals with. when you call something a the ruk gold brick device do the work. they accomplish the task that you want it to. anybody using that until is using it historically and scientifically incorrect. >> so goldberg was not a reuben at all. >> no, not at all. it took an hour and a half to light your cigar but they work. >> stephanie: you make that point, that's the problem you need all these parts to make affordable care work, but they're going to do their best to make sure that it doesn't. like you say whether it's republican governors or them having a relentless p.r. campaign to keep spreading misinformation. >> there will be problems, people will complain to their local newspapers, and you'll get five or six anecdotes from around the country that will start the trend and that's where we'll be. >> s
you raise more tax money reduce the deficit it creates jobs, right? >> then they were talking about how obamacare was doomed to failure because it was an organized mess but without pointing out the reason why it was because idiots that they have to cut deals with. when you call something a the ruk gold brick device do the work. they accomplish the task that you want it to. anybody using that until is using it historically and scientifically incorrect. >> so goldberg was not a reuben...
80
80
Jul 14, 2013
07/13
by
CNN
tv
eye 80
favorite 0
quote 0
in 2011 we hadn't done a great deal of deficit reduction. at this point if you look at with all the noise and all the messiness of the washington political process, we're in a very different place than we were four years ago. four years ago we hadn't cut discretionary spending. we hadn't done an increase in the tax rates at the top rate. between those two decisions we took care of about 60% of the deficit problem. there was an agreement that we had a $4 trillion problem over ten years. now, sequestration kicked in because -- >> the simpson-bowles number was they were trying to get it down 10 trillion over four years. >> it was simpson-bowles and it was also kind of a broad bipartisan consensus in washington that the goal for this period was $4 trillion. in the budget control act of 2011 this process of across-the-board cuts was put in place because it was seen as so odious, so bad for domestic and defense policy, that it would make it necessary and possible for congress to make hard decisions, to have balanced entitlement reforms and tax ref
in 2011 we hadn't done a great deal of deficit reduction. at this point if you look at with all the noise and all the messiness of the washington political process, we're in a very different place than we were four years ago. four years ago we hadn't cut discretionary spending. we hadn't done an increase in the tax rates at the top rate. between those two decisions we took care of about 60% of the deficit problem. there was an agreement that we had a $4 trillion problem over ten years. now,...
128
128
Jul 14, 2013
07/13
by
CSPAN
tv
eye 128
favorite 0
quote 0
every worker and business would be required to pay their fair share in taxes, reducing our deficit i nearly $850 billion over the next two decades. portion ofnd a large those taxes towards retirement programs and millions of americans depend on them. social security would get over the long term, adding two years to the life of the program's trust fund. that is what immigration reform would mean for our economy. it only if we act. if we do not do anything, our workforce will continue to shrink as baby boomers -- baby boomers retire. american workers will have to make do with lower wages and fewer protections. without more immigrants and businesses paying their taxes, our deficit will be higher and programs like social security will be under more strain. obama's weekly address to our question for you is about immigration reform and how important is it to economic growth -- we have a line for business owners -- a quick look at facebook. this is from kurt who writes see a lot of economic growth. george says -- let's go to phones. norristown, pennsylvania. caller: good morning. peopleno p
every worker and business would be required to pay their fair share in taxes, reducing our deficit i nearly $850 billion over the next two decades. portion ofnd a large those taxes towards retirement programs and millions of americans depend on them. social security would get over the long term, adding two years to the life of the program's trust fund. that is what immigration reform would mean for our economy. it only if we act. if we do not do anything, our workforce will continue to shrink...
149
149
tv
eye 149
favorite 0
quote 0
according to congressional budget office, the immigration bill would cut the deficit by nearly $200 billion over the next decade. critics say that conclusion is based on washington accounting tricks. using social security and medicare payroll contributions from newly legalized workers to find spending elsewhere. eventually all the money would have to be used to pay for the benefits that the workers would draw during their retirement. kid is amazing. accoing to the heritage foundation once the amnesty recipients reach retirement age the annual net cost to taxpayers will reach $160 billion per year now, if those numbers are rrect this is not a great ide remember, it was the congressional budget office that initially projected obamacare would cost 900 billion over ten years. now as they revise a further they double their estimate. these are vy early estimates. i think even the congressional budget office would agree. and then there is the little matter of loopholes dollars a big deal in washington. the word whenever appears in the gang of a legislation 94 times. given the power to grant waiver
according to congressional budget office, the immigration bill would cut the deficit by nearly $200 billion over the next decade. critics say that conclusion is based on washington accounting tricks. using social security and medicare payroll contributions from newly legalized workers to find spending elsewhere. eventually all the money would have to be used to pay for the benefits that the workers would draw during their retirement. kid is amazing. accoing to the heritage foundation once the...
88
88
Jul 9, 2013
07/13
by
WUSA
tv
eye 88
favorite 0
quote 0
. >>> on the "cbs moneywatch" the shrinking deficit and warren buffett makes a big donation in that >> asian markets fought back despite concerns about china's efforts to reform credits. hong kong's hang seng earned 2%. >>> wall street with financial tightened wells fargo and chase the dow rose 88 points while the nasdaq added five points. >>> the deficit is down according to a new white house projection. the federal government is spending $759 billion more than it is taking in this year. that's down more than $200 billion from earlier predictions. the improvement is credited to the automatic spending cuts triggered by the financial cliff and increasing revenue from an improving economy. >>> consumers are whipping out their credit cards more often. sending consumer borrowing surging. credit use has surged since 2010. americans borrowing at the fastest rate in a year. experts say a jump in borrowing means people are feeling more confident in the economy. >>> the land line is going away with the telegraph and a lot sooner than we think. an industry trade group predicts by the end of thi
. >>> on the "cbs moneywatch" the shrinking deficit and warren buffett makes a big donation in that >> asian markets fought back despite concerns about china's efforts to reform credits. hong kong's hang seng earned 2%. >>> wall street with financial tightened wells fargo and chase the dow rose 88 points while the nasdaq added five points. >>> the deficit is down according to a new white house projection. the federal government is spending $759 billion...